Guarantor Mortgage

If you are a young person with insufficient income at present to get on to the property ladder, but have a parent willing to act as a guarantor, it may be possible for you to obtain a guarantor mortgage.
The parents must have sufficient income to service both their own mortgage and other loans as well as your mortgage. Generally, you should also be able to progress sufficiently in your career to be able to release the guarantor in a few years' time. You may wish to get a qualified mortgage adviser to contact you with more details.

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT.

Please note that Arbor Mortgages is neither a lender nor a mortgage broker. This is an information only website. We provide generic information to help you gain a better general understanding of mortgages. If you would like advice related to your particular circumstances, would like a quotation, or would like to arrange a mortgage, then you can get an authorised mortgage adviser from Trustguard to contact you by completing & submitting this form. We introduce to Trustguard, who are regulated & authorised by the Financial Services Authority (FSA).